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Western Bond Markets Liquidity is Worsening & UK Turmoil Causes Gov't Shakeup | M & M Show
After weeks of financial market #turmoil, British Prime Minister Liz #Truss fired her Treasury chief and reversed tax cuts Friday to save her job.
Truss said she was keeping a corporation tax increase she previously said she would cut to "reassure the markets of our fiscal discipline" at a hastily arranged news conference. Truss replaced Treasury chief #KwasiKwarteng with ex-Cabinet minister Jeremy Hunt.
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.
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